Sal is a great source of info on, well, "What's Going on With Shipping". The most interesting "data" in this episode is, I think, the precipitous drop of LNG and LPG transiting through the Red Sea. This both delays deliveries to Europe and reduces transport capacity, the latter probably ~50% for any given carrier that ships around the southern tip if Africa instead. Demand for US gas will soar: Good for US gas companies, bad for US consumers...
1 posted on
01/23/2024 9:51:14 AM PST by
Paul R.
To: Paul R.
Does Sal have thoughts on why US companies fly Marshall Island flags?
2 posted on
01/23/2024 10:03:24 AM PST by
EEGator
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson